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Ontario Tax
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ON428 T1 General - 2023 |
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Part A - Ontario tax on taxable income
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Use the amount from line 1 to complete the appropriate column below.
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If line 1 is $49,231 or less |
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If line 1 is more than $49,231, but not more than $98,463 |
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If line 1 is more than $98,463, but not more than $150,000 |
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If line 1 is more than $150,000, but not more than $220,000 |
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If line 1 is more than $220,000 |
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Amount from line 1. |
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2 |
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3 |
Line 2 minus line 3 (cannot be negative) |
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4 |
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5 |
Multiply line 4 by line 5 |
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6 |
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7 |
Add line 6 and 7 Ontario tax on taxable income |
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8 |
Enter the amount from line 8 on line 51 and continue at line 9. |
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Part B - Ontario non-refundable tax credits
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Internal use only |
56050 |
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Basic personal amount |
claim $11,865 |
58040 |
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9 |
Age amount (if you were born in 1958 or earlier) (use Worksheet ON428) |
(maximum $5,793) |
58080 |
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10 |
Spouse or common-law partner amount |
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Base amount |
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11 |
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Your spouse's or common-law partner's net income from line 23600 of their return |
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12 |
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Line 11 minus line 12 (if negative, enter "0") |
(maximum $10,075) |
58120 |
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13 |
Amount for an eligible dependant |
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Base amount |
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14 |
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Your eligible dependant's net income from line 23600 of their return |
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15 |
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Line 14 minus line 15 (if negative, enter "0") |
(maximum $10,075) |
58160 |
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16 |
Ontario caregiver amount (use the Worksheet ON428) |
58185 |
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17 |
Add lines 9, 10, 13, 16 and 17 |
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18 |
| CPP or QPP contributions: |
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Amount from line 30800 of your return |
58240 |
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•19 |
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Amount from line 31000 of your return |
58280 |
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•20 |
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Employment Insurance premiums: |
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Amount from line 31200 of your return |
58300 |
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•21 |
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Amount from line 31217 of your return |
58305 |
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•22 |
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Adoption expenses |
(maximum $14,476 per child) |
58330 |
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23 |
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Add lines 19 to 23 |
Subtotal for Schedule ON(S2) |
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24 |
Line 18 plus line 24 |
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25 |
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Continue on the next page.
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Part B - Ontario non-refundable tax credits (continued)
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Continue on the next page.
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Part C - Ontario tax (continued) |
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Amount from line 61 of the previous page |
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62 |
| Ontario surtax: |
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Amount from line 62 |
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63 |
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Ontario tax on split income from line 54 |
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64 |
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Line 63 minus line 64 (if negative, enter "0") |
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65 |
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| Complete lines 66 to 68 if the amount on line 65 is more than $5,315. If the amount is less than $5,315, enter "0" on line 68 and continue on line 69. |
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(Line 65 |
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- $5,315) x 20% (if negative, enter "0") = |
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66 |
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(Line 65 |
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- $6,802) x 36% (if negative, enter "0") = |
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67 |
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Add lines 66 and 67 |
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68 |
Add lines 62 and 68 |
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69 |
| Ontario dividend tax credit from line 57 |
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•70 |
Line 69 minus line 70 (if negative, enter "0") |
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71 |
| Ontario additional tax for minimum tax purposes: |
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If you entered an amount on line 98 (other than "0" ) of Form T691, use Worksheet ON428 to calculate your additional tax for minimum tax purposes. |
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72 |
Add lines 71 and 72 |
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73 |
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Continue on the next page.
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